According to a new market research report published by MarketsandMarkets, the traffic management market is predicted to grow from US$4.12 billion in 2015 to US$17.64 billion by 2020, at a compound annual growth rate (CAGR) of 33.8 per cent during the forecast period.
Increasing environmental concerns, rapid urbanisation and population explosion, together with demand for real-time information are the main drivers driving the growth of the market. The increasing need to access real-time information capture
The Utah Transit Authority (UTA) is pioneering fresh approaches to Electronic Fee Collection (EFC) deployment in the US. Its new system, operational since January 2009 on all buses and commuter trains, is the country's first full-network rollout of transit e-ticketing technology built on an open-payment network, according to the organisation's Technology Programme Development Manager Craig Roberts.
OptiBus, which operates the only Bus Rapid Transit (BRT) system in León city in Mexico, has upgraded its CCTV network using an InfiNet Wireless solution which enables it to transmit CCTV images in real-time from 53 bus stops across the city via an increased network speed of 8Mbps per subscriber point. The new system has also allowed it to bring its overall monitoring system completely online, increasing efficiencies and safety.
The new system support cameras at bus stations with a network that has bandw